Namdhari's operates over 30 stores in the southern city of Bengaluru, and the acquisition will help Flipkart expand its food and grocery segment.
ABN AMRO will continue to hold the remaining 25 percent stake in Stater, which operates in the Netherlands, Belgium and Germany.
L&T's hostile bid to acquire a controlling stake in Mindtree is the first in India's over $154 billion software services industry.
IPOs & Markets
Only two companies have debuted on the National Stock Exchange so far in 2019 - Chalet Hotels and Xelpmoc Design and Tech Ltd.
In a so-called reverse merger, Radiant will buy out the other JV partner, South Africa-based hospital operator Life Healthcare, and merge its own asse
Xiaomi had said in April that it wanted its global smartphone component makers to set up base in India, in what could potentially bring as much as $2.
The deal will increase Aditya Birla Group’s stake in Idea to 47.2% from 42.4% currently.
Google is exploring the idea of physical stores after finding an encouraging response to more than a dozen pop-up stores.
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